Page 2820 - Company News

Air India plans direct flight to US from Bengaluru and Hyderabad from Jan

These twice-a-week non-stop flights will be operated from Bengaluru to San Francisco (SFO), and from Hyderabad to Chicago

HDFC Bank m-cap surges past Rs 8-trillion mark; stock jumps 1.76%

HDFC Bank, which is at number three position in overall market-cap ranking of listed companies, has become the first lender to achieve the milestone.

Clarity in policies, robust talent supply to spur Indian gaming biz: Nazara

Speaking at the GATO 2020, Nazara Technologies CEO Manish Agarwal said a nationwide gaming policy will help drive more investments in the gaming segment

JCB launches dual-fuel CNG backhoe loader, roll-out from Delhi NCR unit

Company claims it will save Rs one lakh per year for the customer, at the current crude price

50% tech startups expect pre-Covid level revenue in six months' time

Revenue acceleration and funding has improved the cash availability with startups

CCEA gives the green light to Rs 2,480 crore FDI into ATC Telecom

ATC Asia Pacific is buying about 12 per cent stock of ATC Telecom

JSW Cement arm to invest over Rs 1,500 cr to set up clinker unit in Odisha

The plant will have an annual capacity of 1.36 million tonne

Sidbi partners with Tamil Nadu to bolster MSME ecosystem in the state

Sidbi will deploy a project management unit in the Tamil Nadu government to design training and capacity-building programmes to be taken up by the state in various areas

JSW Cement pushes back IPO plans by two years to December 2022

The company cited disruptions due to the pandemic and economic slowdown

Sequoia-run Surge, Info Edge invest $6 mn into SaaS-based startup Shipsy

Shipsy helps shipping and logistics industry automate their operations

'East India Co.': Amazon's fight with Ambani sparks foreign vs local debate

At the center of the case is Amazon's efforts to block Reliance's planned purchase of Future Group's assets

Apollo Hospitals to give 1 mn coronavirus vaccines a day once available

Apollo Hospitals are gearing up to give one million vaccines a day once it is available across India through its hospitals, clinics, health centres, pharmacies and Apollo 24|7

Two-wheeler exports to decline by 18-21% in FY21, says India Ratings

Two-wheeler export volumes are likely to increase by mid-teens in FY22, the ratings agency said

As refinancing risks ease, S&P affirms Glenmark Pharma's 'BB-' rating

The rating agency has a stable outlook on Glenmark Pharma's rating and also removed it from 'CreditWatch'

Small firms lose out to bigger peers, see sharpest revenue drop in 2 years

The analysis is based on the quarterly results of a common sample of 2,353 listed companies across sectors

Why few NBFCs want to become banks despite RBI's new recommendations

Cost of doing business, regulatory arbitrage, customer profile key parameters

Steady volume gains a positive sign for Adani Ports and SEZ stock

Increase in promoter pledges and debt levels continue to be key monitorables

Agri tyre exports to sustain sales growth for Balkrishna Industries

However the upsides are capped given stock gains and margin pressures

Karvy declared a defaulter by NSE for misuse of clients' securities

Clients can now be paid from investor protection fund corpus

Light at the end of the tunnel for domestic oil marketing companies

Marketing margins to support earnings, while refining outlook can improve with vaccine launches driving global economic recovery